NNN Retail Property on Major Commercial Corridor with 4 Units
$5,750,000
133-16 Springfield Boulevard, Queens, NY 11413
For Sale
Retail
Unknown Sub Type
Active
Last Updated: 10/29/2025
6.66
Cap Rate
382,715
NOI
Details:
Cap Rate: 6.66%
NOI: $382,715
Building Size: 13,600 sqft
Lot Area: 14,567 sqft
Price Per Sqft: $423
Zoning: R2 / C8-1
Highlights:
- Property Boosts a T-Mobile and a very popular local restaurant, 2 Vacancies
- Opportunity to have ownership re-tenant or buyer can
- Property accommodates 20 parking spots
- Each unit occupies both ground and basement, both same square footage
- Located adjacent to the intersection of Merrick Blvd and Springfield Blvd
- Many National and Local Retailors in the immediate vicinity attracting a lot of vehicular traffic
- Surrounded by residential homes supplying a great customer base for the tenants
- Easy drive to Long Island, Queens & Brooklyn and JFK
Documents:
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| Listing Setup |
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Location
Gallery